Bitcoin is still worth saving, because bitcoin and other stable coins can always be used as dump options when the market goes down.
Yes, it can happen. Thus, some tokens are worth selling them. Buy Bitcoin for the money you will get for the deal. BTC will be always the cryptocurrencies leader and it will dictate the market rules.
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The risk of investing in cryptocurrencies is still unpredictable, and the ranking of crypto is constantly changing, as their prices are determined by purchasing power.
you are right, all coins that are in coinmarketcap have their own risks. but we can reduce the risk by making a good strategy and choosing the right coins to get the benefits that we want. The bear market has brought with it many advantages. For instance, people have become pickier when choosing altcoins. Now, they check all the information about the project, and only then invest in the alt. As for me top-20 are the most trusted cryptos.
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I think people should just have to manage well their investments. It is always good to got he safer way and be satisfied with smaller gains but risking some of your extra money is not that bad. Have you ever heard of a guy many years ago posting on twitter regretting why he sold bitcoin at $3 which he bought at $1 when it went $8 later on. Imagine its price now? If the guy decided to dump his altcoins and writes about it here, it means that he is not sure that this is the right decision. Suppose, the fellow changed up his mind already and decided to hold his crypto.
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Had a think of launching something myself . But did take a look how many tokens / coin are there , just don't wanna flood market with another shitcoin =D If had alot of spare money to pay developers , definetly would make something usefull . Who knows , maybe in future will make something . But currently there is too many shitcoin out there =D
There are really too many tokens on the market. Most of them are unknown for the majority of the people, who work with the cryptocurrencies. The chance that your alt can become popular is too small.
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a bear market is good for investors as well as coin developers both have time to do developments are seen organic growth the best example is waves coin waves had genuine long-term growth
This bear market gives more chances for the guys that do not have too much money. They can buy cheap cryptocurrencies, and save a lot. For instance, now you can get Ethereum for less - it will pump.
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actually how long it can't be a reference, in my opinion the knowledge of crypto, a friend who is experienced in crypto has an important role to make you become a professional. Your totality in studying Cryptocurrency will focus your concentration on becoming a professional.
If you're passionate about cryptos and have enough time to learn and practice it won't take you long to become a pro. I guess year will be enough. But remember that crypto world changes rapidly, so you'll have to learn something new all the time to stay a pro.
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Indeed this is the right moment to invest in bitcoin, only a few of the masses or the cryptocurrency enthusiast are holding 1 bitcoin. A dollar worth of bitcoin invested might reach a thousand percent increase when the time comes when bitcoin is mass adapted by big institutions worldwide.
Yes, it is right time to invest in Bitcoin as this cryptocurrency is still very cheap. I have some BTC but I want to get more. Bitcoin will be growing further, and it is one of the best investment for me.
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I do like to keep multiple coin in my wallet. and to do that i chose to split them into several different wallet, but not too many wallet, cause it could expense more fee if i use too much wallet to keep all the coins that i had.
Agree, to much wallet will cost more fee. That is why it might ne a better choice to have one of a kind wallet which offers security that could hold most of our preferred coin. Luckily, until now while using Hodler I feel no worry and it great so far. it doesnt cost anything to store a coin into a wallet but it does a fee when you send a coin into your another wallet howeer the fee is not that big becuase you are using an altcoin not bitcoin . why did you need alot of wallet to hodl multiple alts where you can use one wallet to hold them all ? in that you way you will not worry about the transferring fees . you can also use hardware wallets if you are really conscious about your security . holding multiple altcoins isnt bad at all but it is also beneficial because you minimize the risk of loosing and the same time you also maximize your potential income as long as you choose the best alts on the market . I use hardware wallet that allows storing many different coins on it. But honestly sometimes I'm concerned about safety, as in case if someone hacks my wallet, there's a possibility of loosing multiple coins, i.e. all my investments, at the same time.
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Currently, the crypt has already experienced a fall in value in the market. I think that the life of the crypto will continue as long as the sponsors guarantee confidence and find opportunities to make money on it. Future without despair, profits will come.
The most patient investors will sure, get their profit. The market will not collapse. I guess we will not have the next bloodbath during 1-2 years at least. Stay here and wait for the better, and it will come.
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As at yesterday, we all saw the value of Bitcoin depreciate to $5,600. what is your advise to BTC holders
should we sell of in order not to incur more loss?
or should we HODL with hope that the bull run is coming soon enough?
Of course it was necessary to sell , at 5800 we had support , and of course it was necessary to sell at 5600, but if not sold now we can only wait My friend, very few people could guess that time that Bitcoin would continue its fall. As I remember almost every trader and investor was sure that the bulls were very close. It was a mistake to hold that time, but now, it is the way out.
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I think not only you who feel this is a bad year. Crypto fell enough in and of course, it becomes a bad thing for new traders who entered when the market is good and look for results. I think it should be more patient in crypto when things in such a condition in order to be with the purpose of waiting for results for the long term.
Even the specialists that have been working in the cryptocurrencies industry for years call 2018 the worst year for all altcoins and Bitcoin as well. I have a great hope that nothing like that will be repeated in 2019.
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What is your best plan, if you look at the uncertain crypto market situation, do you have plans to invest in several altcoins? what coins do you think will be good in 2019. Thanks. I do not plan to recommend any coins for investment. But in any case, January 2019 will be a great time to buy reliable cryptocurrencies. After all, prices are at their minimum, it is possible to cheaply buy good coins to earn income in the future. I am not going to change my favorites. In January 2019 they will be same. Yes, I am both hands for Ethereum although many guys do not trust it anymore. Additionally, I am going to invest in Cardano, Waves, and NEM.
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The real bull won't come so soon. It's more likely to be a trap. The market has just started to rise a few days ago. We can't confirm that this is a bullish signal so early, and it takes more time to observe it. I noticed that the market has turned red again today.
The recent market growth was not a trap at all. It could be a repetition before the coming soon bull run. I believe that this winter will make traders and investors happy guys as we'll get our rewards.
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I believe at this time market is very very low so that everyone is holding their coins with patience and when market will recover then all people will again start trading.
Right. Trading now can be a great risk to each one. Although many guys continue to do this business, I prefer to hold as well. It is better to wait for the time when the cryptocurrencies become more expensive.
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I think these cryptocurrencies will live forever. These are the most obvious competitors to date. One of the strongest altcoins, my opinion is that Etherium will defeat EOS. More adapted cryptovalue, which has received more widespread use.
I am not sure about their eternal life but they will really live long both. Hope that Ethereum can return its second position on the list, and EOS will manage to become the thirds cryptocurrency. I guess, it is possible.
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Because they think that cryptocurrency can provide more benefits, but for now the cryptocurrency is down so I don't think it can provide benefits as before but still optimistic that cryptocurrency will rise and more people will invest in crypto
There are many reasons to choose the cryptocurrency. First of all, people think that the tokens and BTC they have, will grow in price and let them make money. Fast, anonymous and safe transactions also attract them.
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It's okay to me if waves will take over and replace ethereum to #3 spot as XRP did replaced it from #2 spot.
But these topics seems to be childish nowadays. Before it was an "altcoin" to replace bitcoin and now people are looking for a higher ranking coin that will replace by the coin they have been holding. If there's a good development for that coin that you hold, let the market cap decide in the future.
Waves cannot do it. It will be impossible to replace the cryptocurrency, which remains the most popular altcoin even when it lost in price. Waves is a good token, but let it live with its own life.
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No, It is a good to time to buy and hodl and if you are in a lost. Don't worry you can sell your loss and buy in the deepest cheaper price and could give you a big profit when the bull turns on it.
You must agree that if the guy lost almost everything and if he has no money, he cannot buy more cryptocurrencies. However, he will lose even more when he sells altcoins and BTC now. Holding is better.
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I think that now it is a loss for every one if they sell it now in the present time and small business have invested if they will not ready to sell at this low prices we have seen that they are invested in the short term investment so they can sell it but it is not the right time.
I am sure that now, you should invest in the cryptocurrencies only when you have the so-called free money, which you are not afraid to lose if something does wrong. Any business, even the smallest one, must not be sold.
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I think the crypto is wold main economical point in 2020 !
Yes, crypto is our future currency, I am sure, but everything will be not so soon as you write about it. I do not believe that 2020 will be the year of a real cryptocurrencies progress. It can happen even later, but I hope, we will see it. The cryptocurrencies will be used everywhere in the future. Even those people, who are very skeptical about Bitcoin and cryptos will accept them.
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